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Focus on retail, home loans: Union Bank

PUBLISHED ON: December 3, 2012 | Duration: 9 min, 11 sec

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Union Bank of India has cut home loan and education loan rates. The management of Union Bank explains that the rate cuts will allow the bank to focus on growing the home loan and education loan segment. While NPAs in the education loan segment have been high, the bank is confident of keeping defaults in check and continuing to lend to that segment.
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